NET LOSS PER SHARE

3 Months Ended

Mar. 31, 2021

The following is a reconciliation of basic and diluted net loss per share:


	Three Months Ended
	March 31,
		2021		2020


Net loss		$	(10,379)	$	(4,945)

Weighted average number of shares - basic and diluted		19,200,231		16,423,853
Net loss per share - basic and diluted		$	(0.54)	$	(0.30)

Our basic and diluted net loss per share is computed using the two-class method. The two-class method is an earnings allocation that determines net income per share for each class of common stock and participating securities according to their participation rights in dividends and undistributed earnings or losses. Non-vested restricted stock that includes non-forfeitable rights to dividends are considered participating securities.

Because we have incurred a net loss for all periods presented, diluted net loss per common share is the same as basic net loss per common share. The following contingently issuable and convertible equity shares were excluded from the calculation of diluted net loss per share because their effect would have been anti-dilutive for all periods presented:


	Three Months Ended March 31,
	2021	2020


Restricted stock	389,098	423,712
Stock options	10,792	40,420
Warrants	—	404
Total shares	399,890	464,536